Disclaimer: The information presented on this section of the SEBI website is concise and summarized and is merely illustrative for the purpose of investor information. SEBI does not certify the authenticity of the information present in this section. All information has been updated till May 18, 2006 (Last Circular on DIP was issued on May 18, 2006). For full particulars of laws governing the primary markets, please refer to the Acts/Regulations/Guildelines appearing under the Legal Framework Section.

Frequently Asked Questions (FAQs) on Issues:

1. Understanding “Issues”

2. What is SEBI’s Role in an Issue?

3. What is the difference between an offer document, RHP, a prospectus an abridged prospectus, letter of offer, abridged letter of offer and Placement document? What does it mean when someone says “draft offer doc”?

4. What does one mean by “Lockin”?

5. How the word” Promoter” has been defined?

6. Who decides the price of an issue?

7. Book Building in Detail:

8. Issue Process:

9. Understanding the role of intermediaries:

10. What is the recourse available to the investor in case of issue complaints?

11. I am a researcher:

12. Guide to understand an Offer Document

13. I have heard a lot about these new terms. What do they mean?

FAQs on use of Electronic Clearing Scheme for refunds